MUGHAL IRON & STEEL INDUSTRIES LIMITED FINANCIAL RESULTS FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2021

 MUGHAL IRON & STEEL INDUSTRIES LIMITED

FINANCIAL RESULTS FOR THE SIX MONTHS PERIOD ENDED DECEMBER 31, 2021



That the Board of Directors of Mughal Iron & Steel Industries Limited in their meeting held on February 17, 2022 at 11:30 am at 31-A Shadman 1, Lahore, have considered and approved the condensed interim financial statements of the Company for the six months period ended December 31, 2021 and recommended the following:


(i) CASH DIVIDEND


The Board of Directors has declared an interim cash dividend of 30% (Rs. 3/- per share) for the year ending June 30, 2022.


(ii) ANY OTHER PRICE-SENSITIVE INFORMATION


The financial results of the Company for the six months period ended December 31, 2021 are attached herewith as “ANNEXURE-A”.


(iii) BOOK CLOSURE


The Share transfer books of the Company shall remain closed from March 04, 2022 to March 08, 2022(both days inclusive). Physical transfers / Central Depository System (CDS) Transaction IDs received in order by the Company’s Share Registrar, M/s. THK Associates (Private) Limited, Plot No. 32-C, Jami Commercial Street 2, D.H.A., Phase VII, Karachi, up to the close of business on March 03, 2022, will be considered in time, for the entitlement of payment of interim cash dividend.


The condensed interim financial statements of the Company for the six months period ended December 31, 2021 will be transmitted through PUCARS separately, within the specified time.


A disclosure form as required under SRO 143(1)/2012 dated December 05, 2012 read with Sections 96 and 131 of Securities Act, 2015 in relation to above inside information is attached herewith as “ANNEXURE–B”.




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